Core Banking Transformation
Core Banking Transformation
Banks are constantly seeking to refresh and enhance their core systems. New distribution channels and product innovations are emerging all the time and existing technology platforms must keep pace with change.

At JAGGY we recognize that every organization is at a different stage of the core banking evolution - some are clearly more advanced than others. We have been supporting the transformation journey of our clients for many years, helping to optimize the core banking systems needed both to support new product development and to respond to the market changes that have an impact on business.

We ensure that our client's core banking systems support the effective management of operational, credit and fraud risk, while helping to open new revenue opportunities faster than before. We achieve this by leveraging our broad experience of bespoke and leading core banking systems. Our proven track record of working closely with leading technology vendors, including Temenos, Oracle, SAP, and Mysis, ensures our clients' systems are not only fit for purpose today, but are able to support future needs.

Core Banking Replacement
Core banking replacement is becoming a hot topic in banking. Many banks consider replacement because of the following perceiving needs:
  • No/Limited Basel II Support – New and more complex Basel II-driven risk frameworks are not supported
  • Ageing Technology Infrastructure – Multiple customer views and complex processes are not easily integrated with the existing technology infrastructure
  • No Common Customer View – Multiple customer views and complex processes are not easily integrated with the existing technology infrastructure
  • No Product Factory – Innovative, highly interdependent product bundles are not supported by the existing core banking systems, making it laborious to launch new products and services
  • Long Deployment Cycle – Technology inflexibility demands lengthy deployment cycles

Jaggy Core Banking solutions provide:

  • Integrated Accounting and Risk Management
  • Agile Banking on Open Platform Technology
  • Customer-centric, 360-degrees View of your Customers
  • Comprehensive Retail and Commercial Banking Coverage

Jaggy's long-term commitment for bank's success

JAGGY is not just an IT supplier; instead we partner with banks to provide not only the solution and integration services but also long-term relationship and technical support. We believe that banks should not just evaluate the financial viability and track record of vendors, but also ensure adequate fit with the project and be able to trust the service provider. This is especially true for the selection of core banking systems integrator, which can make or break a project by its decisions on the resources assigned to the project.

Please contact us, to request additional information on Jaggy's Core Banking services.